REI Lense

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$2,232 (target)

25921 Essex, New Caney, TX 77357

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 5.4% first-year return on $54,036 initial cash invested.

5.4%

Cash On Cash

8.52%

Cap Rate

1.37

DSCR

$2,232

Rent

$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,232 income − $1,989 expenses = $243 cash flow

Income$2,232Mortgage P&I$88640%Property Taxes$25411%Insurance$753%HOA$151%Management$26812%CapEx$894%Vacancy$673%Maintenance$894%Other$24611%Cash Flow$243

Investment Breakdown

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Purchase Price

$172k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,036

Downpayment

20%

$34,320

Closing costs

1%

$1,716

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,232

Total Expenses

$1,989

Mortgage P&I

40%

$886

Property Taxes

11%

$254

Home Insurance

3%

$75

HOA

1%

$15

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$246

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